IB Communiqué - January 26, 2007

2006
Year-End Annual Statement and Tax Information

It is that time of year again, and we have made major upgrades to our statement
and tax reporting systems that should greatly benefit all of you. Your year-end
Annual 2006 statement will be available in Account Management by the end
of day February 5, 2007. This re-designed statement features a new format
which is expandable and contractible and includes click-down detail. The
year-end statement will display, by product, the beginning, change, and ending
balance detail, as well as profit and loss performance under First In, First
Out (FIFO) and Mark-to-Market (MTM) calculation methodologies. For those
customers trading in multiple currencies, we will also be calculating FX
translation gains and losses from holding positions and cash in non-base
currencies. In-depth information and explanations for our new statements
will be made available on our Statement
Details page when the annual statements
are posted.

Over the coming months, we plan to utilize our new statement format for
both daily and monthly statements, as well as to let you pick a range of
dates to see your activity. In addition we will be providing all customers
with a new daily Margin Report which will show individual margin requirements
for each underlying or combination position.

A US IRS Form 1099 will be made available in Account Management
by the end of day January 31, 2007 for all US residents or citizens. This
new 1099 will be available in an IRS-approved PDF format for easier reading.
In addition, supplemental Gain & Loss and Dividend reports will be
provided that can be used as Schedule B and D reports when filing your
US tax return.

On February 28, 2007 we will be providing Canadian residents with revamped
Forms T5 and T5008, and on March 15th we will be providing
all non-US residents and citizens with an IRS Form 1042S.

It is important to note that Interactive Brokers may not be aware of
all the details surrounding your individual trading activity and therefore
does not warrant the accuracy of its profit and loss calculations. Profit
and loss calculations are provided for informational purposes and it
is
the responsibility of each of our customers to check the details and
assumptions behind our calculations. We recommend that all our customers
consult a
tax expert for further guidance.

By mid-February we will be introducing trading in Hong Kong Stocks and
Warrants on the Stock Exchange of Hong Kong. We have also recently introduced
Forex cash index options on the PHLX, and cocoa, coffee, cotton, orange
juice and sugar soft commodity future contracts on the NYMEX. Information
for Hong Kong Stocks and Warrants will be posted to our Exchange
Listings web page when available, and details for PHLX Forex cash index options
and NYMEX soft commodities is now available on our Exchange
Listings web
page.

Lower Commissions for VWAP and Forex Trades

Guaranteed Volume Weighted Average Price (VWAP) commissions have been lowered
to $.01 per share. A VWAP trade allows you to specify a time period for
US stock pricing with Interactive Brokers guaranteeing you the Volume Weighted
Average Price of the market as reported by Bloomberg for this time period.
For more information on VWAPs, click
here.

We also now provide lower volume tiered pricing for cash forex trades
that starts at .10 of a basis point for over $200 million in daily
trade volume and works its way up to the current rate of .20 of a basis
point.
See our Forex
Commissions page for more details.

Friends and Family Accounts

For those individual customers who would like to trade multiple accounts
(individual, IRA, joint, wife, child, relative or family friend account)
from a single interface, we encourage you to consider a Friends and Family
account. This account allows a single individual to log into TWS or Account
Management and have access to all accounts. We also make transfers easy
by providing a utility that will transfer all positions and cash balances
from your old account to your new account over the weekend. For more
information on opening a Friends and Family account, click
here.

Trader Workstation Enhancements

We have been busy at work on the following Trader Workstation enhancements:

Ability
to display Exchange for Physical (EFP) prices as annualized or compounded
annualized interest rates by right-clicking
the Bid or Ask price field.

You can now trade EFPs from the BasketTrader.

You now have the ability to set a calculation end time for
VWAP orders using the Exp. Time field.

Comprehensive Contract/Order Description window that you
open by double-clicking the Description field on a ticker line. Expands
to show the order description when you create an order from the selected
ticker.

Ability to sort lines on the trading window by clicking in
a column header.

Right-click access to the Order Defaults page from both a
ticker line and an order line.

Ability to quickly add another option ticker based on Next
Expiry, Previous Expiry, Next Strike or Previous
Strike from the right-click
menu on an option ticker line.

Display the new trading toolbar on detached pages using checkbox
on Toolbar section of Global Configuration.

Hotkeys that are configured to Instantaneously Transmit,
now show an asterisk next to their name in the status line along the
bottom of the application.

The active trading tab now displays two new icons that allow
you to detach the page or delete the page with a single click.

For more information on these and all TWS changes, see our Release
Notes.

TWS API (Application Program Interface)

We are constantly at work enhancing our TWS API technology and its supporting
documentation. The APIs let you trade the same products you can trade using
TWS, including stocks, options, futures, forex, and bonds, and support multiple
programming languages, including DDE for Excel, Java, Visual Basic 6.0 and
.NET for ActiveX, and C++.